DAX $31.37

Change $0.05 +0.16%

Volume 1966

Last Close $31.32


Prices delayed by 15 minutes.
Last traded market price: Dec 13, 2017 09:15 PM

Inception Date:

CUSIP:

Ticker:

NET ASSETS:

Consolidated Prior Day Volume:

Exchange:

Bloomberg Ticker:

Total Gross Expense Ratio:

Currency:

October 22, 2014

44053G207

DAX

18,761,670 (as at 2017-12-13)

1,966 (for 2017-12-13)

NASDAQ

DAX

0.45*

USD

Found In

ETFs

Index Funds

Investment Objective

Please note that the Gross Expense Ratio is 0.45*% and the Net Expense Ratio is 0.20%. The fund advisor has contractually agreed to waive a portion of the Management Fee of DAX from 0.45% to 0.20% until 8/1/2018.

Horizons DAX Germany ETF (“Fund”) seeks to provide investment results that will closely correspond, before fees and expenses, to the price and yield performance of the DAX® Index.

Why DAX?

• DAX is the only U.S. listed ETF that tracks the DAX ® Index.
• DAX is fully tradable during U.S. market hours in U.S. Dollars.
• Provides direct country exposure across a wide array of sectors such as Automotive, Chemicals, Banking, and Industrials.

INDEX DESCRIPTION

The DAX Index tracks the segment of the largest and most important companies, known as blue chips, on the German equities market. It contains the shares of the 30 largest and most liquid companies admitted to the FWB Frankfurt Stock Exchange in the Prime Standard segment. The DAX represents about 80% of the aggregated prime standard’s market cap.

The DAX is primarily calculated as a performance index. It is one of the few major country indices that also takes dividend yield into account, thus fully reflecting the actual performance of an investment in the index portfolio.

INDEX METHODOLOGY

DAX® is completely rules based and transparent. On the basis of a clear and publicly available set of rules – the guide to the equity indices of Deutsche Börse – the composition of the index is determined in a manner comprehensive to all market participants. In order to qualify for listing,companies have to have their registered office or operational headquarters in Germany or generate a significant proportion of their trading turnover on the FWB® Frankfurt Stock Exchange and have their headquarters in a member state of the EU or EFTA.

The weighting of a share in the index is determined on the basis of market cap of shares in free float. To ensure tradability of the index, the index weighting of an individual share is capped at 10%.

Daily NAV

The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.

Month End Performance 11/30/2017

Quarter End Performance 09/30/2017

*Performance since inception return on October 22, 2014

Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. Returns less than one year are not annualized. An investor cannot invest directly in an index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.

NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.

Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.

 

 

Month End Performance 11/30/2017

Quarter End Performance 09/30/2017

*Performance since inception return on October 22, 2014

Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. Returns less than one year are not annualized. An investor cannot invest directly in an index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.

NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.

Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.

 

 

Distributions

Year

 
Portion of the distribution may include a return of capital. These do not imply rates for any future distributions. The ETF is not required to make distributions.

Sector Allocation

as at December 13, 2017

Top 10 Holdings

as at December 13, 2017

Holdings are subject to change. Download prior business day Holdings

Nav/Unit: $31.27000

Price: $31.37

Premium Discount: $0.10

Premium Discount Percentage: 0.32%

Outstanding Shares: 599,989

as at December 13, 2017

30-day SEC yield 1.88%
12-month trailing yield 3.00%


As at September 30, 2017

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